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Stock Market & Financial Investment News

News Breaks
January 29, 2013
08:45 EDTPETMPetSmart weakness a buying opportunity, says Credit Suisse
Credit Suisse recommends using PetSmart weakness as a buying opportunity. The firm said inflation is re-accelerating products and that the company can increase gross margins through mix, sourcing, and zone pricing. Shares are Outperform rated with a $78 price target.
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April 15, 2014
10:00 EDTPETMOn The Fly: Analyst Downgrade Summary
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06:18 EDTPETMPetSmart downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded PetSmart to Underperform as it believes super premium natural pet food may be entering the mass market. The firm lowered its price target for shares to $60 from $77.

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